factoHR Pricing & Plans (2024 Guide)
factoHR offers a robust HR management solution with comprehensive features and an intuitive interface. It's perfect for businesses seeking efficient payroll processing and streamlined HR operations.
- Comprehensive HR management features.
- User-friendly and intuitive interface.
- Efficient payroll processing capabilities.
- Limited customization options available.
- Initial setup can be time-consuming.
Free plan?
YesStarting price
Contact salesWhat is factoHR?
How Much Does factoHR Cost?
factoHR offers a variety of pricing plans to cater to different business needs. Below is a detailed breakdown of factoHR’s plans, highlighting their key features for various organizational requirements.
factoHR Pricing Plans
- Comprehensive document and asset management system.
- Advanced attendance and leave management with biometric integration.
- Payroll wizard with multilingual and custom payslips.
- Mobile app with GPS/punch and location-based features.
- Integrated attendance with multiple attachments and currencies.
- Eligibility calculation and deviation workflow for travel applications.
- Mobile app with selfie punch and GPS/location features.
- Comprehensive report generation and scheduling.
- 360-degree feedback and continuous feedback system.
- Custom review cycles with multi-level review options.
- Anonymous surveys and feedback reports.
- Mobile app with survey scheduling and acknowledgment.
Add-ons
factoHR Pricing Plans in Detail
Core
The Core plan offers a comprehensive suite of HR management features, including employee onboarding, document management, and payroll processing. It is designed to streamline HR operations with advanced attendance and leave management, making it ideal for small businesses looking to enhance efficiency and transparency.
Premium
The Premium plan builds on the Core plan by adding travel, expense, and reimbursement management. It offers integrated attendance features and comprehensive report generation, making it suitable for medium enterprises seeking to manage travel policies and expenses efficiently.
Ultimate
The Ultimate plan includes all features of the Premium plan and adds advanced performance management tools. It offers 360-degree feedback, custom review cycles, and anonymous surveys, providing large enterprises with a robust solution for managing employee performance and feedback.
Top factoHR Features
Attendance Tracking
I found the attendance tracking feature incredibly useful. It allows you to monitor employee attendance in real-time, reducing the chances of errors. This feature is particularly beneficial for businesses with a large workforce, as it automates the process and saves you time. You can easily generate reports and analyze attendance patterns, which helps in making informed decisions about workforce management.
Leave Management
The leave management system in factoHR is a game-changer. It simplifies the process of applying for and approving leaves, making it hassle-free for both employees and managers. You can customize leave policies according to your company's requirements, ensuring compliance and transparency. This feature helps you maintain a balanced workforce and avoid disruptions in operations.
Payroll Processing
Payroll processing with factoHR is seamless and efficient. I appreciated how it automates salary calculations, tax deductions, and compliance with statutory regulations. This feature ensures accuracy and saves you from the tedious task of manual calculations. It also provides detailed payroll reports, which are essential for financial planning and audits.
Employee Self-Service Portal
The employee self-service portal empowers your team by giving them access to their personal information, payslips, and leave balances. I found this feature particularly beneficial as it reduces the administrative workload and enhances employee satisfaction. It encourages transparency and allows employees to take charge of their HR-related tasks, fostering a sense of responsibility.
Performance Management
factoHR's performance management feature helps you track and evaluate employee performance effectively. It provides tools for setting goals, conducting appraisals, and providing feedback. I found this feature valuable for identifying top performers and areas for improvement. It supports a culture of continuous development and aligns employee goals with organizational objectives.
Recruitment Management
The recruitment management feature streamlines the hiring process by automating job postings, applicant tracking, and interview scheduling. I appreciated how it simplifies recruitment, making it easier to find the right talent. This feature saves you time and effort, allowing you to focus on selecting the best candidates for your organization.
Expense Management
Managing employee expenses is a breeze with factoHR's expense management feature. It allows you to track and approve expenses efficiently, ensuring compliance with company policies. I found this feature helpful in controlling costs and maintaining financial transparency. It simplifies the reimbursement process, making it convenient for both employees and finance teams.
Mobile App
The factoHR mobile app provides flexibility and convenience by allowing you to access HR functions on the go. I found it particularly useful for managing tasks like attendance, leave requests, and approvals from anywhere. This feature enhances productivity and ensures that HR operations continue smoothly, even when you're away from the office.
Compliance Management
factoHR's compliance management feature ensures that your organization adheres to statutory regulations and labor laws. I appreciated how it keeps you updated with the latest compliance requirements, reducing the risk of penalties. This feature provides peace of mind and allows you to focus on core business activities without worrying about legal issues.
Customizable Reports
Generating reports tailored to your business needs is easy with factoHR's customizable reports feature. I found it beneficial for analyzing HR data and making informed decisions. You can create reports on various parameters, such as attendance, payroll, and performance, providing valuable insights into your workforce and helping you strategize effectively.
Onboarding Management
The onboarding management feature simplifies the process of integrating new employees into your organization. I found it helpful in ensuring a smooth transition for new hires, providing them with the necessary information and resources. This feature enhances the onboarding experience, making new employees feel welcomed and engaged from day one.
Time Tracking
factoHR's time tracking feature allows you to monitor employee work hours accurately. I found it useful for managing projects and ensuring that tasks are completed on time. This feature helps you optimize resource allocation and improve productivity by providing insights into how time is spent across different activities.
Who Is factoHR Best For?
factoHR is perfect for medium-sized enterprises seeking to streamline their HR and payroll processes. With features like attendance tracking, leave management, and efficient payroll processing, it enhances HR efficiency and reduces administrative burdens.
- Ideal for growing companies.
factoHR is an excellent choice for growing companies that need scalable HR solutions. It offers essential features like attendance tracking, leave management, and payroll processing, making it a perfect fit for businesses expanding their workforce.
- Great for small to medium businesses.
factoHR is designed to simplify HR management for small to medium businesses. Its intuitive interface makes it easy to manage employee data, track attendance, and process payroll without needing advanced technical skills.
- Perfect for budget-conscious teams.
factoHR provides advanced HR features at a cost-effective price point, making it ideal for businesses looking to optimize HR operations without breaking the bank. Its efficient payroll processing and user-friendly interface are perfect for budget-conscious teams.
Frequently Asked Questions
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Martin Lunendonk
Martin Lunendonk is a senior tech writer specializing in website builders, web hosting, and ecommerce platforms. With a background in finance, accounting, and philosophy, he has founded multiple tech startups and worked in medium to large tech companies and investment banking, bringing deep expertise and reliable insights to his software reviews.
